EURUSD Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | -0.36% | -41.0 Pips | ▼ |
| Week to-date | -0.36% | -41.0 Pips | ▼ |
| June | -1.99% | -232.0 Pips | ▼ |
Upcoming key events (GMT+8)
No major events for the day.
What can we expect from EURUSD today?
The EURUSD pair closed Monday with a decline of 0.36%, settling at 1.14270. The daily outlook remains mixed, with price action below the 9-day EMA and the stochastic indicator rising in the oversold zone.
📈 Bull Scenario A bullish scenario for EURUSD could be triggered if the pair manages to break above the daily pivot at 1.14393. Further upward momentum might target the first resistance level at 1.14607, with a potential extension towards the second resistance at 1.14943 if buying pressure persists. | 📉 Bear Scenario On the downside, a bearish move may occur if EURUSD falls below the first support level at 1.14057. Continued selling pressure could push the pair towards the second support level at 1.13843, especially if the price remains below the 9-day EMA. |
Key levels to watch out:
| R3 | 1.15157 |
| R2 | 1.14943 |
| R1 | 1.14607 |
| Daily Pivot | 1.14393 |
| S1 | 1.14057 |
| S2 | 1.13843 |
| S3 | 1.13507 |